Shares in China’s only uranium miner triple on Shenzhen debut

View of Rössing uranium open pit mine. (Image courtesy of Rio Tinto.) China’s only uranium miner raised around 4 billion yuan ($570 million) as it debuted on the Shenzhen exchange on Wednesday, with its shares more than tripling in value. The initial public offering comes as China aggressively expands its fleet of nuclear power plants. It …

Niger says putting its uranium on international market

Uranium mining in Niger is at the center of a standoff between the junta that took power in 2023 and Orano, which is 90-percent owned by the French government and has operated mines in Niger for decades Niger’s military regime on Sunday announced it was putting uranium produced by Somair — a subsidiary of French …

Lithuania fails to sell unused nuclear fuel to France, Russia

Lithuania’s Ignalina Nuclear Power Plant, fully shut down since 2010, attempted to sell its unused nuclear fuel to France and Russia while the country was searching for a site for a future deep geological repository. Both attempts were unsuccessful, Caliber.Az reports, citing LRT.lt, the official news portal of Lithuania’s public broadcaster. According to Patricija Ceiko, adviser on nuclear energy …

US pushes next-gen nuclear with record third cycle for its accident tolerant fuel

The lead fuel assembly (LFA) is running in Unit 2 of the Calvert Cliffs plant in Maryland. The first complete assembly of enhanced accident-tolerant fuel (E-ATF) to operate in a commercial nuclear reactor has successfully completed its second 24-month operational cycle and has been loaded for a third cycle. The lead fuel assembly (LFA) is …

S. Korea keeps eye on revising nuclear pact with U.S. in talks on spent fuel reprocessing

South Korea will keep an eye on revising a nuclear pact with the United States when engaging in consultations with Washington on expanding its rights to uranium enrichment and spent nuclear fuel reprocessing, a senior diplomat said Friday. First Vice Minister Park Yoon-joo made the remarks during a session of the parliamentary Foreign Affairs and …

Turkish gov’t voices first concern over uranium reliance on Russia amid new US nuclear partnership

The Turkish government has publicly acknowledged its dependence on Russia for uranium fuel at the Akkuyu Nuclear Power Plant, an admission that reflects both growing discomfort in Ankara and a wider effort to rebalance relations toward the West. Energy Minister Alparslan Bayraktar told parliament’s budget committee on November 7 that Turkey relies entirely on Russia’s …

The possible sale of 1,000 metric tons of Nigerien uranium to Russia is alarming France

Nigerien authorities are seeking to sell yellowcake uranium stockpiled at the Arlit site, formerly operated by the French company Orano, which was forced to halt its activities following the 2023 coup d’état. Hundreds of metric tons of uranium are being loaded onto trucks crossing regions controlled by jihadist groups affiliated with Al-Qaeda and the Islamic …